Evraz sees 4.2 percent decline in crude steel output in Q2

Thursday, 17 July 2014 16:23:32 (GMT+3)   |  
       

Global steelmaking and mining giant Evraz Group S.A. has announced that its crude steel output in the second quarter of the current year increased by 1.1 percent quarter on quarter but decreased by 4.2 percent compared to the same quarter of the previous year, to 3.918 million mt.

In the second quarter this year, the crude steel production of the Russian division of Evraz Group increased by 0.5 percent year on year to 3.020 million mt.

Evraz's Ukraine operations saw their crude steel production decrease by 6.9 percent year on year in the second quarter to 247,000 mt.

In the second quarter this year, the North America unit of Evraz recorded a 14.3 percent year-on-year decrease to 481,000 mt in its crude steel production.

The group's consolidated production of finished steel goods in the second quarter was 12.4 percent lower year on year at 2.50 million mt, while its total steel product output including semi-finished decreased by 3.8 percent year on year to 3.556 million mt.

As regards raw coking coal, Evraz Group's production in the second quarter was 16.2 percent higher year on year at 5.036 million mt.


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